Home > Uncategorized > Detroit councilwoman to Obama: We voted for you, now bail us out

Detroit councilwoman to Obama: We voted for you, now bail us out

By FOX 2 News Staff

 

DETROIT (WJBK) — The city of Detroit faces a major financial crisis and one member of city council thinks President Barack Obama should step in and help.

 

English: Barack Obama delivers a speech at the...

English: Barack Obama delivers a speech at the University of Southern California (Video of the speech) (Photo credit: Wikipedia)

 

City Council member JoAnn Watson said Tuesday the citizens support of Obama in last month’s election was enough reason for the president to bailout the struggling the city. (Click the video player to listen)

 

 

“Our people in an overwhelming way supported the re-election of this president and there ought to be a quid pro quo and you ought to exercise leadership on that,” said Watson. “Of course, not just that, but why not?”

 

Nearly 75 percent of Wayne County voters pulled the lever for Obama in November.

 

The White House has expressed no plans to bailout the cash-crunched city that some experts say could run out of money by the end of the year.

 

The federal government has bailed out cities in the past, however. In 1975, President Gerald Ford extended more than $2 billion in credit to New York City to help it avoid a financial collapse.

 

(Excerpt) Read more at myfoxdetroit.com …

 

via Detroit councilwoman to Obama: We voted for you, now bail us out.

 

 

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  1. December 5, 2012 at 10:53 AM | #1

    Reblogged this on RD Revilo.

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